CA > Newport Beach > Balboa Peninsula (Residential) (Balp)
Newport Beach, CA 92663,1623 W Balboa BLVD
Newport Beach, CA 92663,1623 W Balboa BLVD
Newport Beach, CA 92663,1623 W Balboa BLVD
50
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$3,200,000
$3,299,000 3.0%
Est. payment /mo
4 Beds
4 Baths
3,000 SqFt
Sold on 07/22/2025

1623 W Balboa BLVD Newport Beach, CA 92663

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Michael J. Lofton
Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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Key Details

Sold Price $3,200,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,066

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP25125414

Sold Date 07/22/25

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1973

Lot Size 2,613 Sqft

Property Sub-Type Duplex

Property Description

Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Café, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units—each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you're looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Main Level Bedrooms 2

Interior

Heating Central

Cooling Central Air

Fireplaces Type Primary Bedroom

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Fishing, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports

View Y/N Yes

View Bay

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04720204

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Branden Fella Coldwell Banker Realty 949-533-7500
Bought with Frederick Espino SoCal Realty Group
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agent

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

Name
Phone*
Message
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